June 2016

U.S. stock futures are pointing higher in pre-market trading for Thursday, June 30. The Dow Futures are up 48.00 points to 17672.0. The S&P 500 Futures are up 5.50 points to 2072.25. The Nasdaq Futures are higher at 4371.25 with a gain of 8.50 points. The Russell Futures are showing a gain of 3.30 points Read More

U.S. stock futures are pointing higher in pre-market trading for Wednesday, June 29. The Dow Futures are up 99 points to 17400.0. The S&P 500 Futures are up 12.25 points to 2040.75. The Nasdaq Futures are up 29.75 points to 4310.75. The Russell Futures are showing a gain of 8.80 points at 1113.9. In overnight trading Read More

U.S. stock futures are pointing higher in pre-market trading for Tuesday, June 28. The Dow Futures are up 195.00 points to 17180.0. The S&P 500 Futures are up 21.75 points to 2006.75. The Nasdaq Futures are higher at 4224.0 for a gain of 46.00 points. The Russell Futures are showing a gain of 12.10 points Read More

U.S. stock futures are pointing lower in pre-market trading for Monday, June 27. The Dow Futures are down -86.00 points to 17161.0. The S&P 500 Futures are down -10.00 points to 2008.5. The Nasdaq Futures are down -26.00 points to 4236.25. The Russell Futures are down -10.70 points to 1104.4. In overnight trading in the Read More

The passing week that was one of the more interesting weeks in the market for a long time, printed a big Weekly Upthrust bar by the end. That Upthrust would have been much more “severe” for the bulls had it first taken out the all time High. Since it started from within the Monthly range, Read More

The expected Weekly false thrust down mentioned in the last review didn’t prove right, as the market declined much further, closing the Weekly bar below the short term sentiment 8 EMA line, bearish. However, the market still didn’t negate the current Weekly bullish setup to reach the 18800 level area. As long as the Monthly Read More

Like the S&P Futures, the Dow futures are also in backwardation, and currently the contract for September is lower about 0.5% than the ending contract of June. Since the market is still in a backwardation, it is very hard to analyze and measure correctly the price action, as the June contract chart, the September contract Read More

U.S. market indexes were lower Friday as stocks in the U.S. continued to fall. For the day the Dow Jones Industrial Average closed at 17865.34 for a loss of -119.85 points or -0.67 percent. The S&P 500 was also down, closing at 2096.07 for a loss of -19.41 points or -0.92 percent. The Nasdaq Composite Read More

U.S. stock futures are lower in pre-market trading for Friday, June 2. The Dow Futures are down -85.00 points to 17797.0. The S&P 500 Futures are down -12.5 points to 2092.75. The Nasdaq Futures are lower at 4471.75 for a loss of -32.75. The Russell Futures are showing a loss of -7.40 points to 1167.1. Read More

U.S. market indexes were lower on Thursday as stocks resisted new highs. For the day the Dow Jones Industrial Average closed at 17985.19 for a loss of -19.86 points or -0.11 percent. The S&P 500 was also down, closing at 2115.48 for a loss of -3.64 points or -0.17 percent. The Nasdaq Composite closed lower Read More